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Stocks drop on pessimism about fiscal talks

A TV program talks about the fiscal cliff while traders work on the floor at the New York Stock Exchange in New York, Friday. Stocks were heading lower Friday, for a fifth day, on concern that Washington lawmakers will fail to reach a budget deal before a year-end deadline. (AP Photo/Seth Wenig)

A trader works on the floor at the New York Stock Exchange in New York, Friday. Stocks were heading lower Friday, for a fifth day, on concern that Washington lawmakers will fail to reach a budget deal before a year-end deadline. (AP Photo/Seth Wenig)

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